Financial Highlights

Financial Highlights
2019 FQ3 YTD
9/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Balance Sheet ($000)
Total Assets 277,819 220,683 173,895 156,091 146,073
Total Net Loans 189,739 167,660 125,136 103,384 81,629
Total Deposits 234,096 180,682 137,511 126,325 120,839
Equity Attributable to Parent Company 39,213 35,483 23,829 23,072 19,837
Total Equity 39,213 35,483 23,829 23,072 19,837
Profitability (%)
Net Income($000) 2,690 2,233 509 3,127 1,778
Net Income Attributable to Parent($000) 2,690 2,233 509 3,127 1,778
ROAA 1.49 1.08 0.31 2.14 1.26
Core ROAA 1.53 1.11 0.71 2.16 1.12
ROAE 9.70 7.37 2.14 16.06 10.05
ROATCE 9.85 7.58 2.34 16.51 10.50
Core ROAE 9.97 7.55 4.91 16.22 8.93
Net Interest Margin 3.88 3.57 3.14 2.99 3.13
Reported: Net Interest Margin 3.88 3.57 3.14 2.99 3.13
Efficiency Ratio 46.09 50.98 64.94 78.73 68.21
Noninterest Inc/ Operating Rev 3.71 3.52 4.46 8.04 5.95
Balance Sheet Ratios (%)
Loans/ Deposits 82.07 94.05 92.27 83.11 67.95
Securities/ Assets 12.65 16.82 21.91 26.59 36.80
Total Equity/ Total Assets 14.11 16.08 13.70 14.78 13.58
Tangible Equity/ Tangible Assets 14.10 16.04 13.62 14.66 13.41
Tang Common Equity/ Tang Assets 14.10 16.04 13.62 14.66 13.41
Asset Quality (%)
NPAs/ Assets 0 0.03 0 0 0.09
NPA Excl Restructured/ Assets 0 0.02 0 0 0.09
NPAs & 90+ PD/ Assets 0 0.03 0 0 0.09
NPAs/ Loans & REO 0.01 0.04 0 0 0.16
Nonaccrual & 90+ & OREO/ Assets 0 0.02 0 0 0.09
NPAs & 90+ PD/ Loans & REO 0.01 0.04 0 0 0.16
NPA & Loans 90+/ Tangible Common Equity + LLR 0.02 0.18 0 0 0.62
NCOs/ Avg Loans 0.03 0.03 (0.13) (0.09) 0.04
Loan Loss Reserves/ Gross Loans 1.25 1.34 1.38 1.52 1.83
Reserves/ NPAs NM NM NM NM NM
Loan Loss Provision/ NCO 395.12 NM NM NM (156.25)
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 37,913 34,885 23,227 NA NA
Tier 1 Capital($000) 37,913 34,885 23,227 NA NA
Tier 2 Capital($000) 2,395 2,138 1,669 NA NA
Total Capital($000) 40,308 37,023 24,896 NA NA
Total Risk-weighted Assets($000) 200,000 170,884 133,423 NA NA
Tier 1 Common Capital (CET1) Ratio(%) 18.96 20.41 17.41 NA NA
Tier 1 Ratio(%) 18.96 20.41 17.41 NA NA
Total Capital Ratio(%) 20.15 21.67 18.66 NA NA
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 14.82 15.84 13.58 NA NA
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 4,067,739 4,063,620 2,731,313 2,727,813 2,748,062
Avg Diluted Shares(actual) NA 3,629,210 2,753,133 2,726,047 2,724,492
Basic Book Value per Share** 9.64 8.73 8.72 8.46 7.22
Book Value per Share, As Reported 9.64 8.71 8.39 NA NA
Basic Tangible Book Value per Share 9.63 8.71 8.67 8.37 7.11
Tangible Book Value per Share, As Reported 9.64 8.71 8.67 8.39 7.18
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 0.66 0.62 0.19 1.15 0.65
EPS after Extra Growth(%) 50 226.30 (83.50) 76.90 NM
Core EPS 0.68 0.63 0.44 1.16 0.58
Core EPS Growth(%) 50 45.60 (62.50) 101.20 NM
Diluted EPS before Amortization 0.67 0.64 0.22 1.17 0.67
Pre-Provision Earnings per Share 0.72 0.77 0.42 0.21 0.32
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.
**Book Value Per Share displayed includes Accumulated Other Comprehensive Income (AOCI)